(b) Lessor shall arrange for the inspection of the Aircraft on the Return Date to determine if
the Aircraft has been maintained and returned in accordance with the provisions of this Lease.
Lessee shall be responsible for the cost of such inspection and shall pay Lessor such amount as
additional Rent within ten (10) days of demand. If the results of such inspection indicate that
the Aircraft, any engine thereto or part thereof, has not been maintained or returned in accordance
with the provisions of this Lease, Lessee shall pay to Lessor within ten (10) days of demand, as
liquidated damages, the estimated cost (**“Estimated Cost”)** of servicing or repairing the Aircraft,
engine or part. The Estimated Cost shall be determined by Lessor by obtaining two quotes for such
service or repair work, with one quote selected by Lessee reasonably acceptable to Lessor and one
quote selected by Lessor reasonably acceptable to Lessee and taking their average. Lessee shall
bear the cost, if any, incurred by Lessor in obtaining such quotes.

     (c) If Lessee fails to return the Aircraft on the Return Date, Lessor shall be entitled to
damages equal to the higher of (i) the Rent for the Aircraft, pro-rated on a per diem basis, for
each day the Aircraft is retained beyond the Return Date; or (ii) the daily fair market rental for
the Aircraft at the Return Date. Such damages for retention of the Aircraft after the Return Date
shall not be interpreted as an extension or reinstatement of the Term.

     (d) All of Lessor’s rights contained in this Section shall survive the expiration or other
termination of this Lease.




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| **12.** |  | **EVENTS OF DEFAULT AND REMEDIES:** |